Freestone announces closing of growth financing for momentum technologies

Dallas, dec. 15, 2021 /prnewswire/ -- freestone holdco, llc ("freestone"), a portfolio company of tailwater capital llc ("tailwater"), today announced that it has signed definitive agreements to lead a $20 million investment in momentum technologies ("momentum" or the "company"), a dallas-based lithium-ion battery and rare earth permanent magnet recycling company. founded in 2016, momentum installs and operates recycling plants for its customers at a wide range of capacities using its patented modular, scalable recycling technology, membrane solvent extraction ("msx").
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